Economic Policy
How Did We Get Here? The Economic Crisis Explained
NEF
A short UK guide to how the global financial crisis broke, and some ideas on how to get out of it
Economic Policy, Globalisation & International TradePosted: 2012-02-02
Europe's Winter of Discontent
IRPP
This 9-page Canadian essay examines the roots of the European project's debt crisis
European Union, Economic PolicyPosted: 2012-02-01
Ripples in a Rising Tide: Why Some EU Regions Receive More Structural Funds than Others
EIoP
This 29-page paper investigates the distribution of European Union Structural Funds across EU regions
European Union, Economic PolicyPosted: 2012-02-01
Another Economic Miracle? The German Labor Market and the Great Recession
IZA
This discussion paper analyzes the mild response of the German labour market to the worst global recession in post-war history
Employment, Industrial Relations & Training , Economic PolicyPosted: 2012-01-17
The Euro Imbalances and Financial Deregulation
Levy Economics Institute
This 37-page US working paper aims to show that, contrary to conventional wisdom, the crisis in Europe is the result of an imbalance between core and noncore countries that is inherent in the euro economic model
European Union, Economic PolicyPosted: 2012-01-12
The Greek Crisis: Causes and Consequences
CESifo
This 15-page working paper takes stock of the factors that led to the explosion of Greek public debt, the loss of competitiveness, and the failure of the first EU-IMF programme
Economic Policy, Governance & PoliticsPosted: 2011-12-15
Crises of Governments
IEA
This 32-page UK paper argues that the history of past fiscal stimulus packages shows that they might raise output in the short term, but in the long term growth stalls and output diminishes
Economic PolicyPosted: 2011-12-15
The Arab Spring, One Year On
Wilson Center
A speech on how the Arab Spring has developed and specific economic challenges facing the region
Regional, Economic PolicyPosted: 2011-12-14
Growth Strategies in a Greener World
IDE
This 23-page Japanese discussion paper examines current developments in the global market that would affect industrialization prospects in East Asia and explores development strategies that are suitable for development based on export oriented manufacturing industries in a green world
Economic Policy, Climate Change & EnvironmentPosted: 2011-12-07
The G20 after Cannes: An Identity Crisis
FRIDE
A 5-page Spanish policy brief arguing that at the Cannes summit, the G20 has performed as neither an effective crisis management committee nor a steering board for the global economy
Economic Policy, Globalisation & International TradePosted: 2011-12-05
How Did Europe's Debt Crisis Get So Bad?
AEI
This 5-page US article explains how Europe is now battling an acute systemic debt crisis that threatens the global financial system and the global economy
Economic Policy, European UnionPosted: 2011-12-02
Latin America Economic Perspectives: Innocent Bystanders in a Brave New World
Brookings
A 53-page US paper on the economic outlook for Latin America
Economic Policy, Globalisation & International TradePosted: 2011-11-27
A Message for Central Bankers: Do Something
Peterson Institute
This US post urges the US Federal Reserve and the European Central Bank (ECB) must engage in further monetary stimulus, which today means purchasing additional government securities in large quantities
Economic Policy, Globalisation & International TradePosted: 2011-11-25
Challenges of Egypt's Economic Transition
CEIP
This 38-page US paper examines the challenges faced by the Egyptian economy as the country transitions to democracy
Economic Policy, Governance & PoliticsPosted: 2011-11-25
G-20 Reforms of the International Monetary System: An Evaluation
Peterson Institute
A 5-page US policy brief evaluating how the international monetary system (IMS) reform agenda progressed at the recent Cannes G-20 summit
Economic Policy, Globalisation & International TradePosted: 2011-11-18
Engaging in Productive Sector Development: Comparisons between Mozambique and Ghana
DIIS
In this 35-page Danish paper, four factors are used to explain why state intervention in developing countries is sometimes a success and sometimes not
International Development, Economic PolicyPosted: 2011-11-15
A Greek Technocrat's Tall Task
CFR
This US analysis brief considers the task facing Greece's new government
European Union, Economic PolicyPosted: 2011-11-14
Italian Debt Cloud Hangs Over Europe
CFR
A US policy brief expressing the concern existing in the markets over Italy's ability to pass needed austerity measures and fend off eurozone sovereign debt contagion
European Union, Economic PolicyPosted: 2011-11-14
Global Financial Safety Nets
Chatham House
This 12-page UK briefing paper argues that policymakers must act to avoid fears that existing mechanisms are inadequately resourced and too inflexible to deal with another systemic crisis
Economic PolicyPosted: 2011-11-11
China's Assistance Could Do More Harm Than Good in the Eurozone
CEPS
A commentary arguing that a large inflow of funds from China and other 'investors' could in fact do more harm to the Eurozone than good. In the author's view, the incoming capital would strengthen the euro and thus make a recovery in the periphery even more difficult
European Union, Economic PolicyPosted: 2011-11-11
Challenges of Egypt's Economic Transition
CEIP
This 38-page US paper warns that Egypt’s economy has been in decline since Mubarak’s resignation and details the priority steps the transitional government should take to promote economic growth
Economic Policy, Governance & PoliticsPosted: 2011-11-11
The Euro Area Crisis: Origin, Current Status, and European and US Responses
Peterson Institute
A 17-page US House testimony on the origins of the four principal aspects of the euro area crisis, the recent crises responses by European and US leaders, and the impact of the euro area crisis on US political and economic interests
Economic Policy, European UnionPosted: 2011-11-03
Decreasing Inequality Under Latin America’s ‘Social Democratic’ and ‘Populist’ Governments: Is the Difference Real?
CEPR
This 19-page US study argues that there is no statistical basis to claim that “social democratic” governments in Latin America have been more effective at reducing inequality than “left-populist” ones
Economic Policy, Governance & PoliticsPosted: 2011-11-03
Dealing with Debt Crises in the Eurozone – Evaluation and Limits of the European Stability Mechanism
SWP
This 38-page German paper evaluates the limits of the ESM and suggests moving towards a five pillar solution which builds upon the ESM Treaty which is currently under renegotiation
European Union, Economic PolicyPosted: 2011-11-03
The New Global Economic Council: Governance Reform at the G20, the IMF and the World Bank
DIIS
A 29-page Danish working paper arguing that the current G20 is unsustainable and should be replaced by a new body on a firmer constitutional foundation
Economic Policy, Governance & PoliticsPosted: 2011-11-02
Creating a Global Economic Council - Six Easy Steps
DIIS
A 4-page Danish policy brief outlining how to establish a promising alternative to the G20. It proposes six "easy steps", starting from the existing Bretton Woods system
Governance & Politics, Economic PolicyPosted: 2011-11-02
Redistribution Policy and Inequality Reduction in OECD Countries: What Has Changed in Two Decades?
IZA
This 90-page discussion paper assesses if, and to what extent, government redistribution policies have slowed or accelerated the trend towards greater income disparities in the past 20-25 years
Social Policy, Economic PolicyPosted: 2011-11-01
Levering Europe: Alternatives for the European Financial Stability Facility
Brookings
A US analysis of current steps designed to solve the Euro crisis
Economic Policy, European UnionPosted: 2011-10-31
Resolving the Eurozone Crisis
CFR
A brief offering a US perspective on the latest "comprehensive" plan to tackle the escalating eurozone sovereign debt crisis
European Union, Economic PolicyPosted: 2011-10-31
Eurozone Governments and the Financial Markets: A Troubled Marriage
Brookings
This 8-page US paper tries to explain why the markets react as they do to those European governmental decisions and signals
European Union, Economic PolicyPosted: 2011-10-17
An Arab Development Bank: Institutionalising Change in Middle East
RSIS
This 2-page Singaporean commentary advocates the creation of an Arab development bank to enable sustainable economic growth in the Arab world
Regional, Economic PolicyPosted: 2011-10-13
Neoliberalism and the State of the Advanced World Economy: Can the Blind Heal the Crippled?
Levy Economics Institute
A 1-page US commentary on Neoliberal economic thinking
Economic PolicyPosted: 2011-10-13
Could the Stability and Growth Pact be Substituted by the Financial Markets?’
EIoP
This 26-page paper investigates whether the European Union’s main fiscal rule, the Stability and Growth Pact, could be substituted by financial markets, taking into account the effects of the latest financial and economic crisis
European Union, Economic PolicyPosted: 2011-10-11
Fiscal Austerity and Public Investment: Is the Possible the Enemy of the Necessary?
MPI
This 33-page German discussion paper assesses the capacity of governments under conditions of financial austerity to shift financial resources within the shrinking share of discretionary expenditure from old to new purposes
Economic Policy, Social PolicyPosted: 2011-10-08
The Eurozone Crisis and the US Economy: What Has Gone Wrong?
AEI
This 5-page US outlook examines how the United States and Europe are currently embroiled in interconnected economic crises that represent a threat not only to their own citizens but also to the world economy as a whole
Economic Policy, European UnionPosted: 2011-10-05
European Debt and Financial Crisis: Origins, Options
Peterson Institute
A US Congressional testimony analyzing the roots of the current European debt and financial crisis and proposals for resolution of the crisis
European Union, Economic PolicyPosted: 2011-10-05
All Change: Will There Be a Revolution in Economic Thinking in the Next Few Years?
IPPR
This 25-page UK paper seeks to understand why, despite the economic dislocations of the last four years, there has been no revolution in economic thinking, and to ask whether change could still occur in the next few years
Economic PolicyPosted: 2011-10-04
Economics of Land Degradation
IFPI, ZEF
An 8-page issue brief assessing the costs of action versus inaction over desertification
Climate Change & Environment, Economic PolicyPosted: 2011-10-04
How the Debt Crisis Can Advance Sino-European Relations
ISS
An opinion arguing that Chinese economic activism presents both Beijing and the indebted European capitals with the opportunity of further discussion about their bilateral relations, including the role that China can play in solving Europe’s debt crisis, and the concessions that Europe would be ready to make
Economic Policy, European UnionPosted: 2011-09-29
The Euro-Area Crisis: Weighing Policy Options and the Scope for U.S. Leverage
Brookings
A 24-page US House testimony on the European debt and financial crisis
Economic Policy, European UnionPosted: 2011-09-27
How To Do More
Bank of England
A 31-page UK speech urging the G7 central banks to engage in further monetary stimulus
Economic Policy, Globalisation & International TradePosted: 2011-09-21
Iraq’s Last Window: Diffusing the Risks of a Petro-State
CGD
A 26-page US working paper outlining the benefits of an oil dividend policy for Iraq
Governance & Politics, Economic PolicyPosted: 2011-09-19
Can Greece ‘Grow Solvent’?
CEPS
This 3-page commentary explores whether Greece can now ’grow solvent’
European Union, Economic PolicyPosted: 2011-09-19
Global Economic Prospects as of September 9, 2011: How Deep the Current Slowdown?
Peterson Institute
An 11-page US paper on global economic prospects
Economic PolicyPosted: 2011-09-19
Renminbi Rules: The Conditional Imminence of the Reserve Currency Transition
Peterson Institute
This 33-page US working paper attempts to answer whether the Chinese renminbi will eclipse the dollar, what the timing of and the prerequisites for this transition will be, and which of the two countries controls the outcome
Economic Policy, Globalisation & International TradePosted: 2011-09-19
The Global Competitiveness Report 2011–2012
World Economic Forum
A 544-page report on the competitiveness of 142 economies
Economic Policy, Globalisation & International TradePosted: 2011-09-19
Why the Global Economic Recovery is in Trouble
Brookings
This US report explains that the global economic recovery is in real danger of skidding off course
Economic Policy, Globalisation & International TradePosted: 2011-09-19
The Renminbi: The Political Economy of a Currency
Brookings
This US article examines the controversies surrounding the Chinese currency
Economic PolicyPosted: 2011-09-17
Regional Inequality and Decentralization: An Empirical Analys
CESifo
A 39-page working paper analyzing the impact of political and fiscal decentralization on regional inequalities using a unique data set which covers 56 countries at different stages of economic development
Economic Policy, RegionalPosted: 2011-09-16
A Gathering European Economic Storm
AEI
An 8-page US presentation pointing to a heightened risk that the Eurozone will experience a spate of sovereign debt defaults within the next six months
European Union, Economic PolicyPosted: 2011-09-12
Greece's Debt Crisis: Overview, Policy Responses, and Implications
CRS
A 24-page US report on Greece's sovereign debt crisis
Economic Policy, European UnionPosted: 2011-09-12
Financial Contagion and the European Debt Crisis
CESifo
This 34-page working paper investigates whether contagious effects are identifiable during the Euro Crisis, or if the countries’ problems are instead due to fundamental problems in the affected economies
Economic Policy, European UnionPosted: 2011-09-09
Economics and Emigration: Trillion-Dollar Bills on the Sidewalk?
CGD
This US paper investigates why economists studying the effects of migration focus on the effects of immigration on nonmigrants in destination countries. It sketches a four-point research agenda on the effects of emigration and argues that barriers to emigration deserve a research priority that is commensurate with their likely colossal economic effects
Immigration & Refugees, Economic PolicyPosted: 2011-09-08
Service Sector Liberalisation in India: Key Lessons and Challenges
SAIIA
A 31-page South African occasional paper analysing the liberalisation and structural reform process carried out in India’s service sector since 1991 and the key lessons to be learned
Governance & Politics, Economic PolicyPosted: 2011-08-26
Lessons We Should Have Learned from the Global Financial Crisis but Didn’t
Levy Institute
A 23-page US working paper assessing the lessons of the global financial crisis
Economic PolicyPosted: 2011-08-25
When Nightmares Become Real: Modelling Linkages between the Financial Sector and the Real Economy in the Aftermath of the Financial Crisis
C.D. Howe Institute
This 24-page Canadian study highlights the importance of achieving a better understanding of the links between the financial sector and the rest of the economy
Economic PolicyPosted: 2011-08-24
The United States in the World Economy
Peterson Institute
A speech outlining how the US can resuscitate its economy on a successful and sustainable basis
Economic Policy, Globalisation & International TradePosted: 2011-08-24
Economics and Emigration: Trillion-dollar Bills on the Sidewalk?
CGD
This 32-page US working paper sketches a four-point research agenda on the effects of emigration
Immigration & Refugees, Economic PolicyPosted: 2011-08-23
Investing in Nature for Economic Growth (Part I of II)
WRI
This article discusses the critical role that ecosystems also play in underpinning economies and the business sector
Climate Change & Environment, Economic PolicyPosted: 2011-08-16
Economic Outlook for the Euro Area in 2011 and 2012
European Forecasting Network
An 11-page economic forecast for the Euro area dated June 29, 2011
European Union, Economic PolicyPosted: 2011-08-11
Only a More Active ECB Can Solve the Euro Crisis
CEPS
This 8-page policy paper asserts that the contagion currently afflicting sovereign bond markets in the eurozone can only be stopped if there is a central bank willing to be lender of last resort, i.e. willing to guarantee that the cash will always be available to pay out the bondholders
European Union, Economic PolicyPosted: 2011-08-09
Egypt’s Democratic Transition: Five Important Myths About the Economy and International Assistance
CEIP
A joint report on Egypt's economic prospects and needs
Economic Policy, Governance & PoliticsPosted: 2011-08-08
China’s Greenhouse Gas Emissions and Mitigation Policies
CRS
This 22-page US report examines the issues of China’s greenhouse gas emissions and its mitigation policies
Climate Change & Environment, Economic PolicyPosted: 2011-07-29
What to Do about the New Unemployment
Urban Institute
This 4-page US brief provides information on what a country can do about unemployment
Employment, Industrial Relations & Training , Economic PolicyPosted: 2011-07-28
Europe on the Brink
Peterson Institute
An 11-page US policy brief analyzing Europe's efforts to stabilize its finances
Economic Policy, European UnionPosted: 2011-07-27
Small Economies, Big Problems, and Global Interdependence
Brookings
A US article on the challenges of global economic interdependence
Economic Policy, Globalisation & International TradePosted: 2011-07-26
The Reform of European Economic Governance: Towards a Sustainable Monetary Union?
Egmont
This 66-page Belgian paper considers reform of Europe's economic governance
European Union, Economic PolicyPosted: 2011-07-25
An Evaluation of the French Proposal for a Restructuring of Greek Debt
CEPS
A 9-page policy brief examining the merits of a new proposal from France aimed at resolving the Greek debt crisis
Economic Policy, European UnionPosted: 2011-07-20
Short-Time Work: The German Answer to the Great Recession
IZA
This 29-page discussion paper describes how short-time working was utilised in Germany to mitigate the employment effects of the recession
Employment, Industrial Relations & Training , Economic PolicyPosted: 2011-06-30
China’s Approach to Economic Development and Industrial Policy
Brookings
A 16-page US House testimony discussing China's twelfth five-year plan to reorient growth and implement short and long-term efforts toward balance and sustainability
Economic PolicyPosted: 2011-06-29
The Rise Of China's Economy
FPRI
A 7-page US essay on the nature and implications of recent developments and long-term changes in the economy of China
Economic Policy, Governance & PoliticsPosted: 2011-06-29
Another Slowdown
AEI
This 4-page US global economic outlook forecasts a weakening global economy
Economic Policy, Globalisation & International TradePosted: 2011-06-22
Precommitted Government Spending and Partisan Politics
CESifo
This 37-page working paper analyzes government commitments to ongoing spending programs that require future outlays
Governance & Politics, Economic PolicyPosted: 2011-06-10
A Fragile Eurozone in Search of a Better Governance
CESifo
This working paper argues that the governance of the Eurozone makes the monetary union fragile and vulnerable to changing market sentiments
Economic Policy, European UnionPosted: 2011-06-09
The Future of the Euro Area
Peterson Institute
A US speech on the future of the Euro
Economic Policy, European UnionPosted: 2011-06-09
Fifth Report on G20 Investment Measures
UNCTAD
The latest joint UNCTAD-Organization for Economic Cooperation and Development (OECD) report (34-pages) on investment measures taken by G20 countries
Globalisation & International Trade, Economic PolicyPosted: 2011-06-02
Strengthening Bank Regulation: OSFI’s Contingent Capital Plan
C.D. Howe Institute
A 5-page Canadian brief making the case for contingent capital to help stave off disaster for banks
Economic PolicyPosted: 2011-05-27
The World Bank and the Emerging World Order
DIIS
A 68-page Danish report claiming that the World Bank is failing to respond seriously to multipolarity
Economic PolicyPosted: 2011-05-22
Global Economic Prospects as of April 4, 2011: Continued Growth Despite the Turmoil
Peterson Institute
A 15-page US assessment of global economic prospects
Economic PolicyPosted: 2011-05-22
Curbing Success in Latin America
Brookings
A US paper warning of the risk of overheating in Latin American economies
Economic Policy, RegionalPosted: 2011-05-16
Serious Approach to Development
Brookings
This 12-page US policy paper poses the principal issues that will face The 2011 High Level Forum on Aid Effectiveness in Busan
International Development, Economic PolicyPosted: 2011-05-16
Regaining Control? Capital Controls and the Global Financial Crisis
GDAE
This 35-page US paper traces and evaluates the re-emergence of capital controls as legitimate tools to promote financial stability
Economic PolicyPosted: 2011-05-15
The Politics of India's Unfinished Economic Reforms
GMFUS
This 4-page US brief forecasts that future economic liberalization in India will likely be hesitant, episodic, and half-hearted
Economic Policy, Governance & PoliticsPosted: 2011-05-15
A New Deal to help save the euro
EPC
This commentary argues in favour of a New Deal for the euro based on investment rather than transfers
European Union, Economic PolicyPosted: 2011-05-14
A Modest Proposal for Overcoming the Euro Crisis
Levy Economics Institute
This 11-page US policy note outlines a three-pronged, comprehensive solution to the eurozone crisis that simultaneously addresses the three main dimensions of the current crisis in the eurozone (sovereign debt, banking, and underinvestment), restructures both a share of sovereign debt and that of banks, and does not involve a fiscal transfer of taxpayers’ money
European Union, Economic PolicyPosted: 2011-05-11
Global Fiscal Consolidation
Lowy Institute
This 25-page Australian paper examines the national and global consequences of fiscal consolidation
Economic PolicyPosted: 2011-05-11
Economic and social survey of Asia and the Pacific 2011
ESCAP
This 264-page publication considers how to improve regional connectivity, and also indicates how the least developed countries can take advantage of this by increasing their productive capacities
Regional, Economic PolicyPosted: 2011-05-08
Why China Overheats
AEI
This 4-page US analysis explains how China faces some fundamental choices if it is to restore stability
Economic PolicyPosted: 2011-05-08
The European Union Should Start a Debate on Too-Big-To-Fail
VoxEu.org
This op-ed discusses the policy challenge posed by the existence of too-big-to-fail financial institutions in Europe
European Union, Economic PolicyPosted: 2011-04-27
Capital Income Taxation and Progressivity in a Global Economy
Urban Institute
This 34-page US paper explains why there may be both efficiency gains and increases in progressivity from shifting taxes on corporate equity income from the corporate to the shareholder level
Taxation, Economic PolicyPosted: 2011-04-27
Japan Can – and Will - Be a Normal Economy Again
Peterson Institute
A 4-page US address on the prospects for the Japanese economy
Economic PolicyPosted: 2011-04-20
The World Bank and the Emerging World Order
DIIS
A 68-page Danish report claiming that the World Bank is failing to respond seriously to multipolarity
Economic PolicyPosted: 2011-04-14
The Scorecard on Development 1960-2010: Closing the Gap?
CEPR
This 42-page US study documenting economic growth, health, and education indicators of the countries of the world shows a rebound in economic growth following more than two decades of economic failure for the vast majority of low- and middle-income countries
Economic Policy, HealthPosted: 2011-04-14
Global Economic Prospects as of April 4, 2011: Continued Growth Despite the Turmoil
Peterson Institute
A 15-page US assessment of global economic prospects
Economic PolicyPosted: 2011-04-14
Europe for Growth: For a Radical Change in Financing the EU
CEPS
This 86-page report finds that fully funding the European Union with own resources is the only way to put an end to the fair return approach and to make the necessary changes to EU spending that would provide it with the financial means equal to its needs and allow it to face the challenges of the future
European Union, Economic PolicyPosted: 2011-04-11
Latin America Economic Perspectives: Shifting Gears in an Age of Heightened Expectations
Brookings
This 82-page US study of Latin American economic prospects finds that, today, overheating and inflationary pressures are rising, and many financial regulators wonder whether domestic credit is already growing excessively
Economic Policy, RegionalPosted: 2011-04-10
Economic Recovery Picks Up Pace, But Expect Some Turbulence Ahead
Brookings
A US assessment for global economic prospects
Economic Policy, Globalisation & International TradePosted: 2011-04-10
Afghanistan's Drug Career: Evolution from a War Economy to a Drug Economy
SWP
A 32-page German research paper looks into the beginnings and the evolution of drug production in Afghanistan during decades-long war
Drug Abuse, Economic PolicyPosted: 2011-04-07
Slashing the EU's Budget Won't Fix the Crisis
Euurope's World
This article argues that the EU's proposed budget for 2014-20 will be crucial to Europe's economic development and global competitiveness
Economic Policy, European UnionPosted: 2011-04-03
Coordinating Regional and Multilateral Financial Institutions
Peterson Institute
A 49-page US working paper examining how recent crises and the expansion of international financial arrangements have dramatically elevated the importance of cooperation between regional institutions and the International Monetary Fund (IMF)
Economic Policy, Globalisation & International TradePosted: 2011-03-30